TSX:IBG.DB.E - Post by User
Comment by
PineCrofton Aug 15, 2011 2:19pm
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Post# 18943610
RE: IS ANY BODY HERE
RE: IS ANY BODY HEREI believe that the management and employees are a large portion of the shareholders of this company. As such the price is subject to changes from insider information or just rumours within the company. It also has such low volume that it is subject to some strange moves... a director wants to take some money out to build an extension to his cottage and whamo the price goes weird because it drives the volume way up.
NB's rating of 18.00 may not have looked so strange a while ago when the price was in the 15's. It seems a bit high right now, but it does seem that we should see some nice gains from where we are with the results just reported.
GLTA